business news in context, analysis with attitude

•  Publix Super Markets said that its sales for the just-ended quarter were $11.2 billion, up 16.1 percent from $9.7 billion during the same period a year ago.  Same-store sales were up 14.4 percent in the period.  Publix estimated that $1 billion of those new sales were a result of business generated as a result of the coronavirus pandemic.

Net earnings for the quarter, however, were down 32 percent to $667.3 million, compared to $981 million in 2019.

"Never before have we experienced a more challenging time," said Publix CEO Todd Jones. "Our associates’ efforts to serve our customers and communities have been nothing short of extraordinary.